138 25Th St Miami, FL 33127

This vacant, 3,948-square-foot freestanding building sits on a 7,000-square-foot lot in Miami's Wynwood neighborhood at 138 NW 25th Street, zip code 33127. Zoned Wynwood NRD-1 T-5-O, it offers significant development potential. The property allows for the construction of an eight-story building, potentially accommodating approximately 36 multi-family units or 72 hotel rooms. Further density and height increases may be achievable under the Live Local Act. Its prime location, just off NW 2nd Avenue, places it steps from the Wynwood Walls and Panther Coffee, surrounded by thriving residential and commercial development. The building's current configuration is suitable for adaptive reuse as retail space with outdoor seating or office space. This presents an exceptional opportunity for owner-users, developers, or investors seeking a high-growth area with substantial development potential. The property is situated between two recently completed large multi-family developments, adding to its desirability. Wynwood's current development boom includes 28 projects totaling 3,227 residential units, 192 hotel rooms, 662,000 square feet of office space, and 361,000 square feet of retail space. The asking price is $6,500,000.